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20121027
20121104
Search Results 0 to 11 of about 12 (some duplicates have been removed)
what was happening. all of us in the auto industry were looking at gm and chrysler. we sought to companies on the verge offailure that were going to take down the entire supplier industry. we also saw an industry that had to be restructured. bill ford is my hero. he fired in self. they put forward in a good place, so they did not have to be rescued. they laid out a map for what had to be done, and everybody had to sacrifice. neil: and the end justifies it because things are back. and is starting with president bush. i'm not criticizing, but it did not lead to a slippery slope. >> once again, the difference between this was, this was not a bailout. a bailout is when you give money to the existing guys. restructuring. the key thing that obama did -- neil: the, the bankruptcy and restructuring. >> but the restructuring was driven by the president's team. a bankruptcy court would never have done that by itself, and it is the reason i don't like the mitt romney passive approach, just turn over to the courts. it would not have moved fast enough. it would not have taken the action t
with the automotive company a tax-free zone in china which means they can -- chrysler could set up shop. basically be part of that tax-free area, and so that third advantage is a big tax advantage. neil: but think about what your saying. all makes perfect business sense, but the president in all of these debates with mitt romney has been saying you want to ship these jobs of the china. here we have bailed out of th company's who we were told, you get this money, save american jobs. we literally are, after all of that, shipping those jobs to china. maybe the right and apparent big macro reasons, but to belittle mitt romney and to say that that is what you're all about, this isn't about casting aspersions on democrats or republicans. if it was a potential i think people would have said, no wway in hell. that's what's happening. >> it's a classic example. with all due respect, president obamai obviously doesn't understand how our multinational company works. there is a board of directors, executives. they are responsible to shareholders to make wise decisions on how to run the operatiin. in fact, if
the darkened buildings surrounding it. the chrysler building, which is north of 40th street, still pretty wild, like a good beating. brian quinn is on the move. so many people without power. we should also point out that the folks from the medical center, they were evacuating because they have been delivered to two medical facilities. we are wondering which ones. sloan-kettering. several hundred patients that had to be transferred. >> yes, this is definitely manhattan in the dark at this point. >> i would like to go to john with psg. are you there? >> okay, we just lost him. it looks like brian quinn is returning to nyu. once again, the power is out there. the backup generator has failed and they have had to move hundreds and hundreds of patients and a very impressive -- again, a fleet of ambulances transferred these patients and brian quinn told us in an orderly fashion that these hospitals actually have pretty elaborate evacuation plans. and they were able to -- it looks like they're still making the switch from nyu langone to mount sinai. >> net, i am noticing. is it raining in manhattan, n
Search Results 0 to 11 of about 12 (some duplicates have been removed)